RCAT vs. ROM
Compare and contrast key facts about Red Cat Holdings, Inc. (RCAT) and ProShares Ultra Technology (ROM).
ROM is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Technology Index (200%). It was launched on Jan 30, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RCAT or ROM.
Correlation
The correlation between RCAT and ROM is 0.11, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
RCAT vs. ROM - Performance Comparison
Key characteristics
RCAT:
9.52
ROM:
0.65
RCAT:
4.88
ROM:
1.11
RCAT:
1.60
ROM:
1.14
RCAT:
12.32
ROM:
0.90
RCAT:
69.68
ROM:
2.62
RCAT:
17.62%
ROM:
11.05%
RCAT:
129.04%
ROM:
44.69%
RCAT:
-99.76%
ROM:
-83.36%
RCAT:
-93.94%
ROM:
-11.58%
Returns By Period
In the year-to-date period, RCAT achieves a -21.36% return, which is significantly lower than ROM's -2.29% return.
RCAT
-21.36%
4.50%
494.41%
1,245.54%
57.01%
N/A
ROM
-2.29%
-8.37%
-0.38%
30.47%
24.92%
31.67%
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Risk-Adjusted Performance
RCAT vs. ROM — Risk-Adjusted Performance Rank
RCAT
ROM
RCAT vs. ROM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Red Cat Holdings, Inc. (RCAT) and ProShares Ultra Technology (ROM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
RCAT vs. ROM - Dividend Comparison
RCAT has not paid dividends to shareholders, while ROM's dividend yield for the trailing twelve months is around 0.21%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RCAT Red Cat Holdings, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ROM ProShares Ultra Technology | 0.21% | 0.21% | 0.01% | 0.00% | 0.00% | 0.05% | 0.16% | 0.30% | 0.08% | 0.20% | 0.12% | 0.24% |
Drawdowns
RCAT vs. ROM - Drawdown Comparison
The maximum RCAT drawdown since its inception was -99.76%, which is greater than ROM's maximum drawdown of -83.36%. Use the drawdown chart below to compare losses from any high point for RCAT and ROM. For additional features, visit the drawdowns tool.
Volatility
RCAT vs. ROM - Volatility Comparison
Red Cat Holdings, Inc. (RCAT) has a higher volatility of 54.82% compared to ProShares Ultra Technology (ROM) at 12.84%. This indicates that RCAT's price experiences larger fluctuations and is considered to be riskier than ROM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.